Personal Contract Purchase and Hire Purchase have quietly become the default ways to get behind […] ...
Up to 90% of new cars that hit the road are financed with Personal Contract Purchase, or PCP, with drivers able to pay a small deposit and make affordable monthly payments for their car, rather than ...
Nine in 10 new cars sold in the UK are financed, with many drivers choosing a personal contract purchase (PCP) deal. Compared with the many other forms of financing, PCP offers lower monthly payments, ...
With car loans up 22% and the average loan hitting €12,757, we break down the pros and cons of PCP versus hire-purchase.